Okta Inc - Class A
Research Okta Inc - Class A (OKTA) on Bullrun: valuation model: 23.9% overvalued, market cap USD 39.70B, P/E 137.2. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerOKTA
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Valuation signal23.9% overvalued
- Market capUSD 39.70B
- P/E137.2
- Financial periodFY2026
- RevenueUSD 2.92B
- Revenue growth11.8%
- Net incomeUSD 235.00M
- Free cash flowUSD 875.00M
- Gross margin77.4%
Valuation Snapshot
Bullrun's latest valuation model marks Okta Inc - Class A as 23.9% overvalued; latest market cap is USD 39.70B; P/E is 137.2.
Peer valuation comparison
Latest P/E is 137.19x versus a Technology sector median of 28.7x (378.0% above).
Latest P/E is 137.19x versus a United States median of 23.75x (477.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 2.92B | USD 235.00M | USD 875.00M | 77.4% | 1.31 | USD 858.00M | USD 422.00M | USD 7.00B |
| FY2025 | USD 2.61B | USD 28.00M | USD 742.00M | 76.3% | 0.06 | USD 409.00M | USD 952.00M | USD 6.41B |
| FY2024 | USD 2.26B | -USD 355.00M | USD 504.00M | 74.3% | -2.17 | USD 334.00M | USD 1.27B | USD 5.89B |
| FY2023 | USD 1.86B | -USD 815.00M | USD 74.00M | 70.6% | -5.16 | USD 264.00M | USD 2.37B | USD 5.47B |
| FY2022 | USD 1.30B | -USD 848.00M | USD 91.00M | 69.5% | -5.73 | USD 260.00M | USD 2.03B | USD 5.92B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 39.70B | 137.2 | n/a | n/a |
| 2025 | 2025-12-31 | USD 15.33B | 79.3 | n/a | n/a |
| 2024 | 2024-12-31 | USD 13.50B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 14.97B | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 10.95B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 34.87B | n/a | n/a | n/a |
About Okta Inc - Class A
Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments;
ETFs that hold Okta Inc - Class A
Okta Inc - Class A is one of the ten largest holdings of 27 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| Invesco MSCI World Equal Weight UCITS ETF USD Accumulating | 0.12% | 0.20% |
| WisdomTree Cloud Computing UCITS ETF - USD Acc | 2.38% | 0.40% |
| First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation | 4.67% | 0.60% |
| Wisdomtree Issuer Icav - Cybersecurity UCITS ETF | 6.99% | 0.45% |
| State Street SPDR S&P 400 US Mid Cap UCITS ETF | 1.03% | 0.30% |
| iShares Digital Security UCITS ETF USD Acc | 3.60% | 0.40% |
| Invesco NASDAQ Next Generation 100 UCITS ETF Acc | 1.76% | 0.25% |
| Global X Cybersecurity UCITS ETF USD Acc | 9.94% | 0.50% |
Compare every fund on the same index:
Related stock research
Other Technology stocks
Frequently asked questions
Is Okta Inc - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Okta Inc - Class A as 23.9% overvalued.
What is Okta Inc - Class A's market cap?
Okta Inc - Class A's market capitalization is USD 39.70B.
What is Okta Inc - Class A's P/E ratio?
Okta Inc - Class A's price-to-earnings (P/E) ratio is 137.2.
What does Okta Inc - Class A do?
Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of.